The Kyrgyz Cabinet of Ministers has approved a green taxonomy — the country's first list of technologies, goods, and services that can be considered environmentally friendly. The document will come into force 10 days after its official publication and will operate in pilot mode until the end of June 2028.
Why is this necessary?
The taxonomy will help:
- attract more investment in the green economy;
- support environmentally friendly projects;
- simplify state regulation in this area;
- strengthen Kyrgyzstan's position in the international sustainable finance market.
What is planned:
- The Ministry of Economy, together with the tax and customs authorities, will create an open database of green goods and services;
- special reference books and instructions for businesses and government agencies will be published;
- simplified carbon emissions accounting will be introduced;
- A document confirming the project's compliance with the taxonomy requirements will be developed.
- Statistical classifiers will be updated to meet the new standards.
All government agencies and local authorities will be required to use the taxonomy in their work to develop a green economy. The Ministry of Economy is responsible for implementation.
